KFY, IFF, and FERG Set to Trade Ex-Dividend this December

A recent report highlights that Korn Ferry, International Flavors & Fragrances, and Ferguson Enterprises will trade ex-dividend, impacting their stock prices. As dividends are declared, potential price drops may follow as investors respond to these changes.

Date: 18-12-2024

AI Rating: 5

The report indicates that Korn Ferry (KFY), International Flavors & Fragrances Inc. (IFF), and Ferguson Enterprises Inc (FERG) are set to trade ex-dividend, leading to expected price adjustments in their stock values. Each company has announced dividends: KFY at $0.37, IFF at $0.40, and FERG at $0.83.

Based on their respective stock prices, the expected declines are approximately 0.53% for KFY, 0.46% for IFF, and 0.45% for FERG upon opening for trading on December 20, 2024. This immediate effect on stock prices is typical as dividends are reflected in the shares.

The report also provides insight into expected annualized yields from these dividends, reported as 2.13% for Korn Ferry, 1.84% for International Flavors & Fragrances, and 1.79% for Ferguson Enterprises. Such yields may highlight the attractiveness of these stocks to income-focused investors.

Moreover, the report notes that in recent trading, KFY shares are down about 1.2%, IFF shares are down 0.4%, and FERG shares are down 0.3%. Such declines may indicate investors’ responses to broader market trends or profit-taking before the ex-dividend date.

While no information regarding Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow (FCF), or Return on Equity (ROE) is provided, the upcoming dividends and their historical context offer a glimpse into the companies’ financial health. Continued dividend payments could reflect stability, but the potential for price adjustments must be monitored closely.

Stocks: KFY IFF FERG